Author Topic: When Thieves Fall Out  (Read 707 times)

Offline john m

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When Thieves Fall Out
« on: August 15, 2019, 07:53:25 pm »
Fella who blew the whistle onEnron and Bernie Maydoff fiddles just saig One of Americas Biggest Companies GE .General Electric is a Ponzy scheme  Some Pensions and Health insurers in Ireland are run by them .Are we going to get robbed again .ECB will need to print more money to bail out everybodies private pension .How the fuck are they getting away with it .

Offline silverbullet

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Re: When Thieves Fall Out
« Reply #1 on: August 15, 2019, 08:10:18 pm »
Fella who blew the whistle onEnron and Bernie Maydoff fiddles just saig One of Americas Biggest Companies GE .General Electric is a Ponzy scheme  Some Pensions and Health insurers in Ireland are run by them .Are we going to get robbed again .ECB will need to print more money to bail out everybodies private pension .How the fuck are they getting away with it .
Whose your pension with Tonto? 8)

Offline watty

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Re: When Thieves Fall Out
« Reply #2 on: August 15, 2019, 08:15:35 pm »
...
How the fuck are they getting away with it .

Trump!

General Electric shares tank following accusation of 'bigger fraud than Enron'

Quote
The whistleblower who called out Bernard Madoff’s Ponzi scheme has accused General Electric of wide-scale fraud in a move that has sent the conglomerate’s share price into a tailspin.

In a report titled General Electric, a Bigger Fraud Than Enron, investigator Harry Markopolos claims GE is engaging in accounting fraud worth $38bn. He said GE is heading for bankruptcy and is hiding $29bn in long-term care losses.

“GE’s $38bn in accounting fraud amounts to over 40% of GE’s market capitalization, making it far more serious than either the Enron or WorldCom accounting frauds,” he writes, referencing two of the largest corporate accounting scandals in history.

Quote
In a statement GE said it “stands behind its financials” and operates to the “highest level of integrity” in its financial reporting. “We remain focused on running our business every day and … will not be distracted by this type of meritless, misguided and self-serving speculation.”

GE’s share price sank close to 15% after the report was released.

General Electric is already under investigation by the Securities and Exchange Commission (SEC), the US’s top financial watchdog, and the justice department over accounting irregularities related to its insurance and power divisions.

Offline john m

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Re: When Thieves Fall Out
« Reply #3 on: August 15, 2019, 09:04:53 pm »
GE money use to be down in Golden Lane If you bought anything on tic in Ireland from any shop more than likely it was GE money who financed it they loaned money to girls with lone parents books to buy Renault Cars off Billy C .If you have health insurance GE might of bought the policy off your company through reinsurance if they go bang your policy will lapse and no chance of getting a new one if you have an existing condition .

Offline john m

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Re: When Thieves Fall Out
« Reply #4 on: August 15, 2019, 09:07:41 pm »
Fella who blew the whistle onEnron and Bernie Maydoff fiddles just saig One of Americas Biggest Companies GE .General Electric is a Ponzy scheme  Some Pensions and Health insurers in Ireland are run by them .Are we going to get robbed again .ECB will need to print more money to bail out everybodies private pension .How the fuck are they getting away with it .
Whose your pension with Tonto? 8)

House is my pension sell it give a portion to some sheltered housing authority live off the rest .2022 Government are introducing mandatory pensions .

Offline Octavia1

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Re: When Thieves Fall Out
« Reply #5 on: August 16, 2019, 09:08:25 am »
Fella who blew the whistle onEnron and Bernie Maydoff fiddles just saig One of Americas Biggest Companies GE .General Electric is a Ponzy scheme  Some Pensions and Health insurers in Ireland are run by them .Are we going to get robbed again .ECB will need to print more money to bail out everybodies private pension .How the fuck are they getting away with it .
Whose your pension with Tonto? 8)

House is my pension sell it give a portion to some sheltered housing authority live off the rest .2022 Government are introducing mandatory pensions .

Will they be state guaranteed pensions yud be forced to buy like the teacher and guarda and politicians pensions?
Anything else will rob ya blind

 


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